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Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has signed a Rs 4,000-crore (US$ 825,251,988) agreement with Larsen & Toubro Ltd, the engineering and construction major, for supply of equipment for its Nigrie Super Thermal Power Project in Madhya Pradesh.
Under the agreement, L&T will supply two units of 660 Mw each for the power plant.
While the order for boilers for the plant has been given to L&T-MHI Boilers Pvt Ltd (LMBPL), the order for turbine and generators has been given to L&T which will source the equipment from L&T-MHI Turbine Generators Pvt Ltd (LMTGPL). Both LMBPL and LMTGPL are joint ventures between L&T and Mitsubishi Heavy Industries of Japan.
“We will be investing Rs 8,000 crore (US$ 1,649,600,258) in this power project. The financial closure has already been achieved, with ICICI Bank as the lead financial institution,” said Manoj Gaur, Executive Chairman, Jaiprakash Associates Ltd.
Coal for the plant will be sourced from two captive coal blocks – Amelia (North) and Dongri Tal II – owned by a joint venture of Jaypee Group with the Madhya Pradesh State Mining Corporation Ltd (MPSMCL). The first 660 Mw unit of the power project is expected to be commissioned in April 2013 and the other unit would be commissioned in September same year. The power plant, when operational, will generate over 10 billion units of power annually.
The Jaypee Group has a current operational power generation capacity of over 900 Mw and plans to add another 2,000 Mw capacity by the end of the current Plan period ended March 2012.
“We want to take our total capacity to over 13,470 Mw, with a 60:40 mix of thermal and hydro in less than seven years from now,” Gaur said.
This is the second order bagged by L&T in the supercritical segment in India after it won the order for supplying a 1,600 Mw turbine generator from the Andhra Pradesh Power Development Corporation earlier.
The company plans to set up around 4,000 Mw of domestic power equipment manufacturing capacity by 2010. (US$ 1= 48.49 INR)
Source: IBEF
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Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
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- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Australian Coal Association
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
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- Wilmar Investment Holdings
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- CNBM International Corporation - China
- Planning Commission, India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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